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Form 8-K Armour Residential REIT, For: Mar 25

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March 25, 2015 5:01 PM EDT


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
 
Date of report (Date of earliest event reported)                       March 25, 2015                    
 
ARMOUR Residential REIT, Inc.
(Exact Name of Registrant as Specified in Its Charter)
 
Maryland 
001-34766
26-1908763
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
 
 
3001 Ocean Drive, Suite 201
Vero Beach, Florida
32963
(Address of Principal Executive Offices)
(Zip Code)
 
(772) 617-4340
(Registrant’s Telephone Number, Including Area Code)
 
n/a
(Former Name or Former Address, if Changed Since Last Report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
☐      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
☐      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
☐      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




Item 8.01.
Other Events.
 
On March 25, 2015, ARMOUR Residential REIT, Inc. (“ARMOUR”) announced that it expects to pay a monthly cash dividend rate of $0.04 to holders of ARMOUR common stock during the second quarter of 2015, as set forth below:
 
Holder of Record Date
Payment Date
 
 
April 15, 2015
April 27, 2015
May 15, 2015
May 27, 2015
June 15, 2015
June 29, 2015
 
A copy of ARMOUR's press release announcing the expected common stock dividends is attached hereto as Exhibit 99.1 and incorporated herein by this reference.
 
Item 9.01.
Financial Statements and Exhibits.
 
(d) Exhibits
 
Exhibit No.
Description
  
  
99.1
Press Release announcing Q2 2015 expected common stock dividends, dated March 25, 2015




SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Dated: March 25, 2015
 
  
ARMOUR RESIDENTIAL REIT, INC.
  
  
  
  
  
By:
/s/ James R. Mountain
  
  
Name:
James R. Mountain
  
  
Title:
Chief Financial Officer 
  




Exhibit Index
 
Exhibit No.
Description
  
  
99.1
Press Release announcing Q2 2015 expected common stock dividends, dated March 25, 2015





ARMOUR RESIDENTIAL REIT, INC.
ANNOUNCES EXPECTED MONTHLY DIVIDEND RATE PER COMMON SHARE FOR Q2 2015

VERO BEACH, Fla. – March 25, 2015 – ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) (“ARMOUR” or the “Company”) today announced the Q2 2015 expected monthly cash dividend rate for the Company's Common Stock.

Q2 2015 Common Stock Dividend Information

Month
 
Dividend
 
Holder of Record Date
 
Payment Date
April 2015
 
$0.04
 
April 15, 2015
 
April 27, 2015
May 2015
 
$0.04
 
May 15, 2015
 
May 27, 2015
June 2015
 
$0.04
 
June 15, 2015
 
June 29, 2015

Certain Tax Matters
ARMOUR has elected to be taxed as a real estate investment trust (“REIT”) for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Accordingly, ARMOUR may increase the amount of one or more announced dividends before the applicable record date or may declare supplemental dividends, if necessary to meet this tax requirement. Dividends paid in excess of REIT taxable income for a fiscal year (including any taxable income carried forward from the previous year) will generally not be taxable to stockholders.
About ARMOUR Residential REIT, Inc.
ARMOUR is a Maryland corporation that invests primarily in fixed rate residential, adjustable rate and hybrid adjustable rate mortgage-backed securities issued or guaranteed by U.S. Government-sponsored enterprises, or guaranteed by the Government National Mortgage Association. ARMOUR is externally managed and advised by ARMOUR Capital Management LP, an investment advisor registered with the Securities and Exchange Commission (“SEC”), which changed its name from ARMOUR Residential Management LLC and converted from a Delaware limited liability company to a Delaware limited partnership on December 19, 2014.
Safe Harbor
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected


- MORE -
ARMOUR Residential REIT, Inc. Announces Expected Monthly Dividend Rate Per Common Share for Q2 2015
Page 2
March 25, 2015


results. The Company disclaims any obligation to release publicly any updates or revisions to any forward-looking statement to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.
Additional Information and Where to Find It
Investors, security holders and other interested persons may find additional information regarding the Company at the SEC's Internet site at http://www.sec.gov/, or the Company website at http://www.armourreit.com, or by directing requests to: ARMOUR Residential REIT, Inc., 3001 Ocean Drive, Suite 201, Vero Beach, Florida 32963, Attention: Investor Relations.
Investor Contact:    
                                
James R. Mountain
Chief Financial Officer
ARMOUR Residential REIT, Inc.
(772) 617-4340


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